Narryer Metals Limited (NYM) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 351.57K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 176,054,810
• 10 Day Avg. Volume: 369,836
• 30 Day Avg. Volume: 351,570
• PEG Ratio: 0.04
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.30
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: AU$0.03 ▲(13.33% Upside)

The score is driven primarily by weak financial performance (no revenue, recurring losses, and cash burn) and bearish technical signals (below key moving averages with negative MACD). The low-debt balance sheet and improved FY2025 loss/cash outflow provide limited support, while valuation is largely indeterminable due to missing P/E and dividend data.

Positive Factors

Low leverage / zero debt

Zero reported debt materially reduces solvency and interest burden for an exploration junior. This balance-sheet flexibility preserves optionality to pursue drilling or partnerships, lowers default risk, and extends runway relative to peers reliant on debt financing.

Improving FY2025 loss trajectory

A material reduction in annual net loss signals management has cut costs or optimized activity, improving cash burn dynamics. Sustained improvement can reduce future capital needs, strengthen negotiating position with partners, and increase the probability of reaching value-driving exploration milestones.

Strategic focus on rare earths at Narryer Project

Clear project focus on rare earth element exploration provides a defined strategic pathway. Success at Narryer could unlock high-value resource optionality, support joint ventures or offtake talks, and align the company with specialty markets rather than undifferentiated commodity exploration.

Negative Factors

No reported revenue (2021–2025)

Absence of operating revenue over multiple years means the company has no operating scale or self-sustaining cash flows. Long-term value creation depends entirely on exploration success or external funding, increasing execution and financing risk for investors over the medium term.

Persistent negative operating and free cash flow

Ongoing cash burn forces reliance on capital markets or partners to fund exploration and development. Persistent negative free cash flow raises dilution risk, limits ability to fund follow-up programs internally, and makes long-term project advancement contingent on external financing.

Negative returns on equity and volatile equity base

Very negative ROE and volatile equity indicate capital is not generating returns and past funding swings. This signals weak capital efficiency typical of early-stage explorers and raises the probability of future equity raises that dilute existing holders unless exploration success improves fundamentals.

Narryer Metals Limited Business Overview & Revenue Model

Company Description

Narryer Metals Limited operates as an exploration company in Australia. It focuses on the discovery of nickel, copper, platinum group element, rare earth element, and gold deposits. The company holds interests in the Narryer projects, which covers approximately 1900 square kilometers located in Mt Nairn and Mt Gould, Western Australia; and Gawler Craton projects that comprises four exploration tenements covering an area of approximately 2000 square kilometers located in Ceduna and Sturt, South Australia. Narryer Metals Limited was incorporated in 2021 and is based in West Perth, Australia.

How the Company Makes Money

Narryer Metals Limited makes money primarily through the exploration and development of mineral resources, with a focus on precious metals like gold. The company generates revenue by selling the rights to these mineral resources, entering into joint ventures with larger mining companies, or advancing projects to production and selling the extracted minerals. Key revenue streams include exploration agreements, royalty arrangements, and partnerships with other companies in the mining sector. Factors contributing to its earnings include successful identification of high-potential mining sites, efficient project management, and maintaining strong relationships with industry partners.

Narryer Metals Limited Financial Statement Overview

Summary

Overall financial quality is weak due to no reported revenue (2021–2025), persistent net losses, and ongoing negative operating/free cash flow. The key offset is very low leverage (no recent debt), which reduces solvency risk, and FY2025 losses/operating cash outflow improved versus FY2024.

Income Statement

The company has reported no revenue across the available annual periods (2021–2025), which limits operating scale and makes margin trends uninformative. Losses are persistent, though FY2025 net loss (-1.65M) improved materially versus FY2024 (-3.81M), signaling some cost reduction. Overall, the income profile remains weak due to the absence of revenue and continued negative earnings.

Balance Sheet

Leverage is very low (total debt is 0 in recent years), which reduces financial risk and provides balance sheet flexibility. However, profitability is poor, with consistently negative returns on equity (FY2025 roughly -70%), indicating capital is not yet generating returns. Equity has also been volatile (higher in FY2022, lower thereafter), suggesting funding and valuation swings typical of early-stage resource names.

Cash Flow

Cash generation is weak, with consistently negative operating cash flow and negative free cash flow, indicating ongoing cash burn to fund operations and investment. FY2025 operating cash outflow (-1.63M) improved versus FY2024 (-2.50M), but free cash flow still deteriorated year-over-year (about -24% growth). Cash flow quality is constrained by the lack of revenue, keeping the company dependent on external funding over time.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	1.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-1.34M	-1.34M	-2.32M	-247.84K	-3.03M	-3.66K
Net Income	-1.65M	-1.65M	-3.81M	-2.96M	-3.03M	-13.70K
Balance Sheet
Total Assets	2.75M	2.75M	2.10M	1.54M	4.41M	5.34M
Cash, Cash Equivalents and Short-Term Investments	1.55M	1.55M	687.38K	1.10M	3.91M	4.95M
Total Debt	0.00	0.00	0.00	0.00	0.00	107.40K
Total Liabilities	156.90K	156.90K	337.90K	238.99K	176.38K	14.17K
Stockholders Equity	2.34M	2.34M	1.48M	1.30M	4.24M	5.32M
Cash Flow
Free Cash Flow	-1.64M	-1.64M	-2.68M	-2.81M	-1.23M	0.00
Operating Cash Flow	-1.63M	-1.63M	-2.50M	-2.80M	-1.23M	0.00
Investing Cash Flow	-3.87K	-3.87K	-182.73K	-9.68K	0.00	0.00
Financing Cash Flow	2.50M	2.50M	2.27M	0.00	5.14M	0.00

Narryer Metals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NYM, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 33.06 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NYM.

Narryer Metals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AIV	47 Neutral	AU$5.44M	-4.58	-38.30%	―	―	61.60%
OKJ	46 Neutral	AU$7.32M	-13.79	-38.56%	―	―	21.62%
KLR	45 Neutral	AU$25.80M	-56.45	―	―	―	―
SLZ	44 Neutral	AU$9.36M	-0.80	-78.12%	―	―	-349.06%
NYM	42 Neutral	―	―	―	―	―	―
PRL	38 Underperform	AU$13.00M	-5.00	-26.98%	―	―	4.35%

Narryer Metals Limited Corporate Events

PTR Minerals’ Rosewood Drilling Confirms Scale as Maiden Titanium Resource Nears

PTR Minerals has reported a new batch of strong heavy mineral assay results from 47 air core drill holes at its Rosewood Titanium Project in South Australia, with multiple thick, high-grade intercepts that reinforce the continuity and scale potential of the mineralised system at Rosewood East. The company remains on track to deliver a maiden JORC Mineral Resource Estimate in the June quarter of 2026 and is targeting an Indicated category resource, while parallel metallurgical work has produced high-quality heavy mineral concentrate with high recoveries using conventional gravity processing and ongoing mineral separation tests are confirming the ability to generate low-impurity, high-grade titanium products; in addition, PTR is advancing processing optimisation studies, including bulk sampling, plant design and cost estimates, and progressing environmental, infrastructure and stakeholder assessments, collectively moving the project closer to potential development and strengthening its positioning in the titanium feedstock market.

The most recent analyst rating on (AU:NYM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Narryer Metals Limited stock, see the AU:NYM Stock Forecast page.

PTR Minerals Confirms Consistent High-Grade Titanium at Rosewood Ahead of Maiden Resource

PTR Minerals has completed its maiden resource drilling program at the Rosewood project in South Australia, drilling 446 air core holes over 9,388 metres across an area of about 40 square kilometres, including both the wholly owned Rosewood East and the joint-venture Rosewood West tenements. Early assay results from the first 17 holes show consistent, thick intervals of high-grade heavy mineral, including multiple intercepts above 10% heavy mineral content, and the company has begun assaying and resource modelling with a maiden JORC Mineral Resource, potentially up to Indicated status at Rosewood East, targeted for release in the second quarter of 2026, underpinning the project’s potential to deliver significant high-grade tonnages and strengthening PTR’s position in titanium-rich mineral sands development.

Narryer Metals Updates on Directors’ Interests and Compliance

Narryer Metals Limited announced a change in directors’ interests, specifically the issuance of performance rights to directors Richard Bevan, Phil Warren, and Gavin England, as approved at the company’s recent Annual General Meeting. The company also addressed an administrative oversight regarding unlisted options held by Mr. England that expired unexercised, emphasizing that no trading occurred and that their compliance practices are adequate.

Narryer Metals Limited Issues New Performance Rights to Boost Operations

Narryer Metals Limited announced the issuance of unquoted equity securities, specifically Class A, B, and C Performance Rights, totaling 4,250,000 units. This strategic move is likely aimed at strengthening the company’s financial position and incentivizing performance, which could have significant implications for its operational growth and market competitiveness.

Narryer Metals Limited Successfully Passes All AGM Resolutions

Narryer Metals Limited announced that all resolutions put forward at their Annual General Meeting held on November 28, 2025, were successfully passed. Key resolutions included the adoption of the Remuneration Report, the re-election of Director Gavin England, and the approval to issue performance rights to key personnel. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives with renewed leadership and incentive structures.

Narryer Metals Limited Reaffirms Exploration Project Integrity

Narryer Metals Limited has released a presentation concerning its ongoing exploration projects, including the Rocky Gully and Canadian Projects. The company confirms that there are no new material changes to previous announcements and maintains the integrity of its exploration results. This announcement underscores Narryer’s commitment to transparency and adherence to industry standards, potentially reinforcing stakeholder confidence in its operations.

Narryer Metals Advances Exploration at Rocky Gully Project

Narryer Metals Limited has announced progress in its Rocky Gully Project, located in Western Australia, with plans for further exploration and drilling to establish a maiden resource. The project targets scandium, rare earth elements, and gallium, with recent positive metallurgical results boosting confidence in the viability of the project. The company has identified exploration targets for these minerals and plans to commence a new drilling program to further assess the project’s potential, which could enhance its positioning in the critical minerals sector.

Narryer Metals Reports Positive Leach Extraction Results at Rocky Gully Project

Narryer Metals Limited announced promising results from a metallurgical study on its Rocky Gully Critical Minerals Project, highlighting the use of methanesulfonic acid (MSA) for extracting rare earth elements from clay deposits. The study, part of a collaboration with MRIWA and Curtin University, demonstrated that MSA offers comparable extraction rates to hydrochloric acid but with lower environmental impact. These findings suggest a potential pathway for cost-effective and sustainable processing, positioning Narryer favorably in the critical minerals market. The project benefits from its location with excellent infrastructure and low operational costs, aligning with the growing demand for secure supply chains in critical minerals.

PTR Minerals Reports High-Grade Titanium Discoveries at Muckanippie Project

PTR Minerals Limited, operating in the heavy mineral sands industry, has announced significant exploration success at its Muckanippie Heavy Mineral Sands Project in South Australia. The company reported high-grade titanium mineralization at the Duke and Nardoo saprolite targets, with drilling results showing substantial heavy mineral content from surface levels. The findings suggest potential for large-scale, high-grade heavy mineral systems, enhancing the project’s viability as a significant titanium province. PTR plans to conduct further testing to evaluate the economic feasibility of producing a high-quality heavy mineral concentrate.

Narryer Metals Advances Rosewood Titanium Project with High-Quality Mineral Concentrate

Narryer Metals Limited has announced significant progress in its Rosewood Titanium Heavy Mineral Sands Project, a promising discovery within its Muckanippie Project. The company has successfully produced a high-quality Heavy Mineral Concentrate (HMC) from bulk samples using standard wet separation processing techniques, with grades ranging between 91-98% Heavy Mineral content. The metallurgical studies have shown strong recoveries and high titanium content, indicating the potential for further improvements in the process flow sheet. This development underscores the project’s potential as a significant titanium-rich mineral sands discovery, with ongoing drilling to define a maiden JORC Indicated and Inferred Resource outline. The results are promising for stakeholders, as they confirm the ability to achieve strong recoveries and produce a high-quality titanium product concentrate, enhancing the project’s viability and market potential.

Petratherm Begins Resource Drilling at Promising Rosewood Titanium Project

Petratherm Limited has commenced resource drilling at the Rosewood Titanium Project, which is a significant new discovery with promising exploration metrics. The drilling program aims to establish a maiden JORC Indicated and Inferred level resource over a 40 square kilometer area, with over 400 planned drill holes totaling 8,000 meters. The high-grade mineralization, characterized by heavy mineral sands with up to 95% valuable heavy mineral content, is shallow and amenable to high recovery using conventional processing techniques. This development could enhance the company’s industry positioning by confirming the resource potential at Rosewood, impacting future mining lease applications and stakeholder interests.

Narryer Metals Advances Critical Mineral Projects in Australia

Narryer Metals Limited is advancing studies at its Rocky Gully Project in Western Australia to develop a cost-effective processing pathway for scandium, REE, and gallium extraction, potentially positioning itself as a low-cost producer due to favorable project conditions. The company has also identified a new titanium-heavy mineral discovery at its Muckanippie Project in South Australia, with further drilling planned to assess the potential of this significant deposit.

Narryer Metals Advances Rocky Gully Project with Positive Metallurgical Studies

Narryer Metals Limited has reported positive results from metallurgical studies at its Rocky Gully Critical Minerals Project, indicating a potential pathway for producing a saleable rare earth concentrate. This development positions the company to benefit from third-party processing opportunities in Western Australia. The project, which contains high-grade rare earth elements, scandium, and gallium, is strategically located near infrastructure and offers potential for low-cost mining. The company is also exploring bioleaching technology with a European partner, which could provide environmental and cost benefits. These advancements come as the critical minerals industry gains focus, particularly with the new US-Australia partnership, highlighting the project’s strategic importance.